News Formal

Comcast’s stock rises after earnings beat, continued wireless growth

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Shares of Comcast Corp. are up 1.7% in Thursday’s premarket trading after the media giant topped expectations with its second-quarter revenue and profit....

Shares of Comcast Corp.

are up 1.7% in Thursday’s premarket trading after the media giant topped expectations with its second-quarter revenue and profit. Comcast recorded net income of $4.3 billion, or $1.02 a share, compared with $3.4 billion, or 76 cents a share, in the year-earlier period. On an adjusted basis, Comcast earned $1.13 a share, while the FactSet consensus was for 98 cents a share. Revenue increased to $30.5 billion from $30.0 billion, while analysts were modeling $30.1 billion.

are up 1.7% in Thursday’s premarket trading after the media giant topped expectations with its second-quarter revenue and profit. Comcast recorded net income of $4.3 billion, or $1.02 a share, compared with $3.4 billion, or 76 cents a share, in the year-earlier period. On an adjusted basis, Comcast earned $1.13 a share, while the FactSet consensus was for 98 cents a share. Revenue increased to $30.5 billion from $30.0 billion, while analysts were modeling $30.1 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alphabet stock jumps on earnings while Microsoft shares dip, and other stocks on the moveAlphabet, Microsoft, Dish Networks and PacWest Bancorp are among the stocks in the spotlight.
Source: MarketWatch - 🏆 3. / 97 Read more »

Company involved in NYC crane collapse tied to previous disasters, shady ‘King of Cranes’The company that owns the crane that caught fire and partially collapsed in Hudson Yards, was founded by a shady construction magnate and self-proclaimed “King of Cranes” whose machines were involved in two deadly incidents more than a decade ago.
Source: nypost - 🏆 91. / 67 Read more »

Company involved in NYC crane collapse tied to previous disasters, shady ‘King of Crane’New York City Crane & Equipment Corp. was founded and operated by controversial businessman James Lomma.
Source: nypost - 🏆 91. / 67 Read more »

Microsoft earnings top estimates, but stock falls as investors await forecastMicrosoft easily topped profit and revenue expectations for its latest quarter, though its shares were moving lower in after-hours trading. $MSFT generated fiscal Q4 net income of $20.1 billion, compared with $16.7 billion in the year-earlier period.
Source: MarketWatch - 🏆 3. / 97 Read more »